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What Finance and Accounting Skills Will Be Required in the Future?

What Finance and Accounting Skills Will Be Required in the Future?

by Controllers Council | Feb 18, 2022 | Accounting, Corporate Finance, HR/Talent

As technology has continued to develop over the past two decades, companies have struggled to adapt to the new options available to them. Part of this is due to a reluctant workforce unwilling to accept new ways of doing things.  This reluctance may be caused by a...
IMA Report Outlines Entry-Level Skills for Accountants

IMA Report Outlines Entry-Level Skills for Accountants

by Controllers Council | Jan 3, 2022 | Accounting, Accounting Education, HR/Talent, Professional Growth

In December of 2021, the Institute of Management Accountants (IMA) released a report outlining essential skills that entry-level accountants should have as they begin their careers.  The report recognized that the accounting profession is changing, which emphasizes...
Record-to-Report: All You Need to Know

Record-to-Report: All You Need to Know

by Controllers Council | Jul 22, 2021 | Accounting, Corporate Finance

Data is gold. Businesses thrive on the power of numbers because data helps managers and business owners to know what works, how it works, and ways to improve. However, raw data serves a limited purpose.  To become useful, data has to be refined into usable...
Outsourced Accounting vs. Staffing: Everything You Need to Know

Outsourced Accounting vs. Staffing: Everything You Need to Know

by Controllers Council | Jul 20, 2021 | Accounting

Today’s businesses are facing growing challenges as they seek to comply with government regulations and meet the public’s demand for greater transparency. As a result, many businesses find themselves juggling accounting, tax preparation, internal auditing, and risk...
The Growing Shortage of Accountants and CPAs

The Growing Shortage of Accountants and CPAs

by Controllers Council | Jun 21, 2021 | Accounting Education, CPA/CPE, HR/Talent, Trends

The accounting, CPA, and corporate finance industry is facing an accountant shortage. While the job market has been growing steadily since the recession of the 2000s, many accounting departments and CPA firms have struggled to find qualified talent to fill their...
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